What To Expect During The Buying Process

Dated: 10/10/2017

Views: 204

Before You Start

  1. Find and meet with a reputable lender

  2. Have your lender prepare a pre-approval letter

Buying Process

  1. Meet with your agent to discuss your real estate goals and discuss the value of representation

  2. Set up a New Listing Notifier with agent

  3. Have agent contact any FSBO’s you may be interested in

  4. Showings

  5. Offers / Contingencies

  6. Negotiation

  7. Acceptance

  8. Inspection(s)/Test(s) – structural, heating/cooling, septic, water, chimney, radon…

  9. Negotiation

  10. Financing/Appraisal

  11. Packing & Moving

  12. Walk Through

  13. Closing

Buyer Responsibilities

  1. Be honest & open with your agent

  2. Be sensitive to seller’s requests

  3. Follow up on all lender requests in a timely fashion

  4. Retain a closing attorney

  5. Retain an insurance binder on the property

  6. Communicate with appropriate utilities prior to closing

Useful Links:

10 Things You Should Not Do Before Closing On Your Mortgage

Please contact me if you have specific questions or would like additional information about the process of buying a home and I will be more than happy to assist you.

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John Abry

John enjoys assisting buyers and sellers of Chittenden County and Lake Champlain properties and he strives to ensure every family feels confident when buying or selling a home. His dedication to se....

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